Accounting Specialist
5 days ago
Job Title
Accounting Specialist
Job Description
Job title:
Accounting Specialist
Job Description:
Your role:
1. PH revenue related controls to be performed and owned
2. Proactive checks to be designed and implemented
3. Revenue reconciliations and BSARs to be completed
4. Support for Group audit
5. Other activities - Control testing / HWI finalization / Tech issue resolution related to revenue postings / Market query handling
You are responsible for
- Execution and take responsibility for ICS/SOx controls to make it effective. Take corrective actions and documentation for audit purposes.
- Proactively identify control deficiencies and work with business to mitigate deficiencies / risks.
- Preparation of Journal Vouchers, Balance sheet Account Reconciliation (BSARs, GBSR), Internal Controls related documentation
- Preparation of judgmental JVs
- Month-close activities
- Liaise with Market stakeholders on the regular activities / alignment/escalation management
- Provide accurate & timely data for fiscal reporting and other requirements.
- Identifies opportunities for process improvement and automation
- Support year-end audits including, process walkthrough, test of controls, documentation, coordination.
- Ensures all business events and transactions are properly recorded and justified
- Understanding the complexities involved in Long-term Strategic Partnership (LSP) deals & recording the associated journal entries.
- Achieving RTR (Record to Report) Goals & Key performance Indicators
To succeed in this role, you should have the following skills and experience
- CA/CMA fresher or MBA Finance/ Semi qualified Finance professionals eg: CA, CMA etc with at least 3+ years of experience
- Good in Microsoft excel
- Knowledge in SAP is an added advantage
- Ability to manage multiple stakeholders, penchant for bringing new ideas and looking for continuous improvements
- Knowledge of IFRS 15 (Revenue from contracts with customers) & 16 (Leases) would be preferred
How we work together
We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week.
Onsite roles require full-time presence in the company's facilities.
Field roles are most effectively done outside of the company's main facilities, generally at the customers or suppliers locations.
Indicate if this role is an office/field/onsite role.
About Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.
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If you're interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our commitment to diversity and inclusion .
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